Even a SEC Commissioner Thinks That a Bitcoin ETF Is Coming

However, at some point, a Bitcoin ETF will have to be approved and one of the commissioners with the SEC acknowledges this.

In a leaked interview with the Congressional Daily, Robert J. Jackson Jr., the only Democratic commissioner in the agency said that things will change despite what has happened in the past.

“Eventually, do I think someone will satisfy the standards we’ve laid out there? I hope so, yes, and I think so,” said the Commissioner.

While this is not an indication that a crypto ETF will be approved in the short term, it marks a new era in which the agency recognizes the crypto space as an evolving industry mature enough to have an ETF.

Jay Clayton, the Chairman of the SEC, stated in November last year that he can only be comfortable with a Bitcoin ETF if there are better custody solutions for digital assets and market surveillance.

RELATED ARTICLES

MORE FROM OUR PARTNERS

[blokt] is a leading independent blockchain news outlet that maintains the highest possible professional and ethical journalistic standards. Journalists are required to meet our editorial policies and guidelines.

Williams is a fintech journalist with a passion for blockchain technology and its revolutionary applications in finance. He also has a special interest in global politics and economics.

After studying Chemical Engineering, he became a freelance journalist and research analyst and has never looked back. He has written content for several blockchain firms and his work has been published on many crypto news publications.